Legal Opinion

In Re USACafes, L.P. Litigation

Court of Chancery of Delaware

Decided June 7, 1991No. Civ. A. 11146PublishedCited by 110 opinions

1Opinion of the Court

OPINION

ALLEN, Chancellor.

These consolidated actions arise out of the October 1989 purchase by Metsa Acquisition Corp. of substantially all of the assets of USACafes, L.P., a Delaware limited partnership (the “Partnership”) at a cash price of $72.6 million or $10.25 per unit. Plaintiffs are holders of limited partnership units. They bring these cases as class actions on behalf of all limited partnership unitholders except defendants. The relief sought includes, inter alia, the imposition of constructive trusts on certain funds received by defendants in connection with the Metsa sale and an…

2Cases cited31 opinions

  1. International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
  2. Burger King Corp. v. RudzewiczSupreme Court of the United States · 1985
  3. World-Wide Volkswagen Corp. v. WoodsonSupreme Court of the United States · 1980
  4. Helicopteros Nacionales De Colombia, S. A. v. HallSupreme Court of the United States · 1984
  5. Shaffer v. HeitnerSupreme Court of the United States · 1977

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3Cited by110 opinions

  1. Ramunno v. CawleySupreme Court of Delaware · 1998
  2. WALLACE EX REL. CENCOM v. WoodCourt of Chancery of Delaware · 1999
  3. Grimes v. DonaldSupreme Court of Delaware · 1996
  4. Crescent/Mach I Partners, L.P. v. TurnerCourt of Chancery of Delaware · 2000
  5. Loudon v. Archer-Daniels-Midland Co.Supreme Court of Delaware · 1997

105 more not listed; retrieve them via the Exa API.

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